A local developer no longer is pursuing plans to build a five-story office building on the property. A small real estate brokerage firm in the neighborhood now hopes to renovate the space and move its office there.

Pacers officials are formulating an ad campaign to highlight a new style of play and players, preparing to replace the Roy Hibbert-themed Area 55 and sign a multi-year pact for a new naming rights deal. The up-tempo era has begun.

With less than two weeks until the Brickyard 400 NASCAR race, a massive clean-up effort is underway at the Speedway. IMS officials said this is the worst wind damage the facility has seen in its 106-year history.

Justin Moffett, principal of Carmel-based Old Town Development LLC, told the Carmel Plan Commission there has been strong interest in office space including a $25 million building anchored by Merchants Bank of Indiana.

Anthem turned out unheard of gains in 2014, the first year of Obamacare’s new health insurance overhaul, as Anthem’s customers numbers held steady but their spending with hospitals and doctors plummeted.

State and city leaders spend millions each year to entice companies to move here and add jobs here. But for the second time in three months, Eli Lilly and Co. has shown that the biggest attraction to a company is talented workers.

The Indianapolis-based drugmaker on Wednesday will release new data from patients taking its Alzheimer’s drug that could show whether the drug has slowed the progression of their disease. That will show investors whether the 45 percent rise in Lilly’s stock price over the past year is justified.

The plan by the Medicare program to require hospitals in Indianapolis and 74 other cities to accept one payment for joint replacement surgeries is a huge step in fixing the crazy prices and spending growth in health care.